Got this great data from our CEO, Gino Blefari, in a recent email. In short, come September 30, look for the Fed to lower our loan limits (again!). There’s a new threat in town – a proposed move by the government that especially threatens the viability of some Bay Area housing markets, which tend to [...]
It’s that time of year again, and here’s the one key thing that I, Ed Gory, predict with some level of certainty that will happen this year in real estate news: Predictions on Bay Area real estate will be contradictory That’s right, contradictory. Some articles will point to data showing positive upswings. Other articles will [...]
Be forewarned — no, this is not about kidney harvesting, Nigerian Lottery winnings, or Bill Gates giving everyone lots of money for forwarding an email — there is an email making the rounds titled “HR 2454: CAP AND TRADE ENERGY BILL”, which purports that new legislation will require all homes to retroactively pass new energy [...]
An early Christmas present for many home buyers came in the form of the extension of the federal tax credit for home buyers, and was signed into law by President Obama Friday, Nov. 6. The tax credit, which was set to expire Nov. 30, has been extended through April 30, 2010 with a 60-day extension [...]
Anyone trying to buy a home in San Jose, roughly around the $200-230K price range, knows this and knows it well. The word “foreclosure” on a listing almost guarantees double-digit multiple offers. And not low-value double digit numbers like 10 or 11. Pfft! Child's play! In the last week, while pursuing homes for some of [...]
My Yelp Reviews
Realtor, Marathon Man, "Man of a Thousand Voices".